Baltimore takes Dali owner and manager to court
Splash 24/7 » Asia
by Sam Chambers
14h ago
Singaporean shipowner Grace Ocean and shipmanager Synergy Group face trial in Baltimore after lawyers for the city filed a case yesterday, claiming the ship that knocked over a huge bridge killing six people last month had left port with “unseaworthy” conditions. The legal battle over the Dali containership’s fatal allison with the Francis Scott Key ..read more
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BW LPG shares set to start trading on NYSE next week
Splash 24/7 » Asia
by Adis Ajdin
14h ago
VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29. The Oslo-listed unit of Singapore’s BW Group said that the NYSE had approved the listing and that it expects to start transferring shares on or about April 25. The Kristian Sørensen-led company ..read more
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Maersk sets sights on offshore wind logistics in South Korea
Splash 24/7 » Asia
by Adis Ajdin
1d ago
Danish shipping and logistics group Maersk has partnered up with compatriot wind turbine maker Vestas to set up a nacelle factory and logistical base at the Mokpo New Port hinterland complex in South Korea. A memorandum of understanding, signed in the presence of the Governor of Jeonnam Province Kim Yung-rok and the Mayor of Mokpo ..read more
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IMO highlights two fraudulent shipping registries
Splash 24/7 » Asia
by Sam Chambers
2d ago
Ahead of this week’s meeting of its legal committee, the secretariat at the International Maritime Organization (IMO) has warned about two shipping registries it deems are fraudulent. Flags being administered allegedly on behalf of Guyana and Eswatini have come in for criticism. Despite the government of Guyana warning the IMO about the operation of what ..read more
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World’s first ammonia-fuelled aframaxes ordered 
Splash 24/7 » Asia
by Adis Ajdin
2d ago
AET, the tanker arm of Malaysia’s top shipping line MISC, has placed an order for the world’s first ammonia-powered aframax tankers. The 115,000 dwt vessels will be built at Dalian Shipbuilding, with delivery expected in 2027, under a charter with Petronas’ Petco Trading Labuan Company Ltd (PTLCL). Financial terms have not been disclosed. The order ..read more
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Japanese feeder operator goes hybrid with latest order
Splash 24/7 » Asia
by Sam Chambers
5d ago
A Japanese feeder line has embarked on a zero-emission boxship project. Imoto Lines, together with compatriot tech firm Marindows, is aiming to produce ships that achieves zero CO2 emissions not only during operation but also within ports and while docked. State funding has been granted for the development.  Imoto intends to create a hybrid ship ..read more
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Singapore yard loses drilling rigs-related arbitration against Akastor unit
Splash 24/7 » Asia
by Adis Ajdin
6d ago
Singapore’s Jurong Shipyard, a subsidiary of Seatrium, has lost an arbitration over the termination of drilling equipment contracts related to four offshore rigs. MHWirth, a unit of Norwegian oil-services investment company Akastor, has been awarded around $101.3m by the Singapore International Arbitration Centre (SIAC) as payment of termination fees. The contracts dating back to 2012 ..read more
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Changes at the top at Knutsen NYK Carbon Carriers
Splash 24/7 » Asia
by Adis Ajdin
6d ago
Knutsen NYK Carbon Carriers (KNCC) has revealed a change in its top management with the promotion of chief technical officer Oliver Hagen-Smith. Hagen-Smith, who joined Knutsen in 2009, will take over as chief executive from Anders Lepsøe in May. Lepsøe will become the company’s chairman as well as head of NYK Group Europe in Norway ..read more
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Jinhui bulks up with newcastlemax charter
Splash 24/7 » Asia
by Bojan Lepic
6d ago
Chinese bulker operator Jinhui Shipping and Transportation has chartered in a vessel under a long-term deal for the second time in less than a week. The Oslo- and Hong Kong-listed company has contracted a 2017-built newcastlemax True Neptune for at least 33 months from the Singapore-based Olam Maritime Freight. The Chinese firm does have an ..read more
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AET locks in Singfar aframax newbuilds
Splash 24/7 » Asia
by Adis Ajdin
6d ago
Malaysian tanker player AET has struck a deal to bring in a pair of LNG dual-fuel aframax newbuilds on long-term charter. Singapore-based logistics and tonnage provider Singfar Group has fixed its 115,000 dwt duo recently booked for construction at New Times Shipbuilding in China. The vessels will be delivered to AET in 2027. No further ..read more
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